China economy at its lowest ebb since financial meltdown

Plans for China’s new development bank, one of Beijing’s biggest global policy successes, were almost shelved two years ago due to doubts among senior Chinese policymakers.

>Snubbed by a US-hosted gathering of African leaders this month, Zimbabwe’s veteran President Robert Mugabe has turned again to “old friend” China, but even Beijing’s support may not be enough to rescue his country’s sinking economy.

China encourages citizens to return to work as coronavirus hits economy  The GuardianCoronavirus: what we know and what we don't  RFICoronavirus: the symptoms, the risks and how to avoid being infected  Channel 4 NewsCoronavirus may be the 'disease X' health agency warned about  MENAFN.COMSex Does Matter When It Comes To Coronavirus  ForbesView Full coverage on Google News

The Guest of Honour; the Deputy Minister for Finance Hon. Adam Malima (MP) presenting the award of the Best Presented Financial Statements under the category of Regulators applying IPSAS to the Social Security Regulatory Authority, Director General Mrs. Irene Isaka . The Guest of Honour; the Deputy Minister for Finance Hon. Adam Malima (MP) congratulating SSRA for emerging the 1st Winner of the Best Presented Financial Statements under the category of Regulators applying IPSAS. 2nd left is...

Fed to pump in more than $1 trillion in dramatic ramping up of market intervention amid coronavirus meltdown  CNBCBreaking: Stocks, gold bounce, dollar falls as Fed kicks off $500 billion injections, QE vs. coronavirus  FXStreetSomething Weird Is Happening on Wall Street, and Not Just the Stock Sell-Off  The New York TimesThe Federal Reserve Needs to Cut Rates to Zero Now  BloombergHow to deal with a new sort of financial shock  The EconomistView Full coverage on Google...

>Tanzania maintained its place as one of 20 fastest growing economies in the world with its average growth rate of 6.9 per cent between 2005 and last calendar year, it has been reported.

The lowest weekly cases of Ebola are recorded in West Africa since May 2014 leading to the closure of some treatment centres, officials say.

Giving his remarks at the event, Minister of State in the Vice President's Office for Environment, Binilith Mahenge said the reduced amount is equal to 86 per cent of chemicals used over the past 16 years.

The telecom industry could soon witness a new wave of price wars following the launch of a new telecom company that will enable subscribers to make a call at only Sh74.